Crash Course: Chapter 15 - Bubbles by Chris MartensonChapter 15 (Bubbles): Throughout the long sweep of history, the bursting of asset bubbles has nearly always been traumatic. Social, political and economic upheavals have a bad habit of following asset bubbles, while wealth destruction is a guaranteed feature. Four characteristics of bubbles are observed: that they are self-reinforcing on the way up (higher prices become the justification for higher prices); once they pop, the game is suddenly and permanently over; they are roughly symmetrical in time they take to peak and fall; and they are roughly symmetrical in price, returning to their pre-bubble status. Dr. Martenson concludes that the housing bubble is itself just a symptom of a credit bubble, leaving a final catastrophe of the currency as our most likely outcome. www.chrismartenson.com
Duration:15.85 min.
User rating: 4.9664803

Peter Schiff debates David Epstein of Columbia University -- Nov 11 2009The Fordham Law School Federalist Society hosted this debate between David Epstein, Professor of Political Economy at Columbia University, and Peter Schiff, President of Euro Pacific Capital and US Senate Candidate from Connecticut. Moderated by Fordham Law Professor Nicholas Johnson. The topic: "Will the Obama Administrations economic policies lead to prosperity or disaster?" Special thanks to Reuvain Borchardt, Ross Pitcoff, and the Federalist Society. Also, check out www.facebook.com and twitter.com
Duration:93.52 min.
User rating: 4.9443913

Keiser Report meets Schiff ReportThis time Max Keiser and co-host, Stacy Herbert, look at the scandals of President Bill Clinton's skepticism on Goldman charges; the TARP watchdog's handcuffs for Timmy Geithner; and the continuing 'ratings surveillance' payments to credit rating agencies for defaulted CDOs too complicated to unwind. In the second half of the show, Max interviews Peter Schiff, who is running for the Republican nomination for US Senate for Connecticut, about debating Greenspan, revaluing yuan and regulating that which is already illegal.
Duration:25.27 min.
User rating: 4.97546

Marcus Luttrell SpeaksMarcus Luttrell speaks at the Goldwater Institute's 20th Anniversary Dinner.
Duration:22.35 min.
User rating: 4.9253244

Crash Course: Chapter 12 - Debt by Chris MartensonChapter 12 (Debt): Dr. Martenson explains how, since debt is a claim on future money, it is therefore a claim on future human labor. To put it simply, debt is future consumption taken today. Key Concept 7 is introduced, that "ever-growing debts implicitly assume that the future is going to be larger than the present." Dr. Martenson challenges this assumption, and what it means for us if that condition of growth is not met. www.chrismartenson.com
Duration:12.55 min.
User rating: 4.9454546

Crash Course: Chapter 13 - A National Failure to Save by Chris MartensonChapter 13 (A National Failure To Save): "The next twenty years are going to be completely unlike the last twenty years." -- Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure to save. Individuals, cities, counties, states, and corporations have all failed to save, but, more importantly, so has our federal government. Our government has pursued a reckless policy of debt accumulation, while neglecting saving and investing, leading to Dr. Martensons claim that the United States is insolvent. Insolvency, which occurs when ones liabilities exceed assets, is first step on the road to bankruptcy. www.chrismartenson.com
Duration:12.12 min.
User rating: 4.957265

@katiecouric: Chelsea HandlerKatie Couric interviews comedian and author Chelsea Handler, host of "Chelsea Lately." Chelsea talks about the possibility of a female network late night host, her new book, her childhood, and her favorite and least-favorite guests.
Duration:38.63 min.
User rating: 4.9063444

Crash Course: Chapter 14 - Assets & Demographics by Chris MartensonChapter 14 (Assets & Demographics): Having examined our nations current, never-before-seen level of debt, as well as our failure to save, we now move on to look at our assets. Key Concept 8 is introduced, that debts are fixed, but assets are variable, sometimes gaining and sometimes losing. Dr. Martenson examines Americas assets, especially in light of our current demographic situation. The effect of the baby boomer generation is specifically considered, with the conclusion that the next 20 years are going to be completely unlike the last twenty years. www.chrismartenson.com
Duration:13.70 min.
User rating: 4.932773

Anna WintourThe sunglasses come off the high-queen of haute couture in this rare interview, in which the Vogue editor reveals why she always wears them and much more to Morley Safer.
Duration:13.05 min.
User rating: 0

Crash Course: Chapter 10 - Inflation by Chris MartensonChapter 10 (Inflation): Dr. Martenson establishes inflation as a monetary phenomenon, defined as the decrease of the value of money, caused by too much money around in relation to goods and services. From 1665 to 1776, 111 years, there was absolutely no inflation. From 1665 to 1905, 240 years, the cost of living stayed roughly the same, aside from brief jumps during wars. Unfortunately for us, there was no settling in terms of inflation after World War I or World War II. The military apparatus was not dismantled, and inflation has accelerated to astonishingly high levels. www.chrismartenson.com
Duration:11.82 min.
User rating: 4.931559